ETF/No Load Fund Tracker Newsletter For February 5, 2016

ETF/No Load Fund Tracker StatSheet

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THE LINK TO OUR CURRENT ETF/MUTUAL FUND STATSHEET IS:

http://www.theetfbully.com/2016/02/weekly-statsheet-for-the-etfno-load-fund-tracker-newsletter-updated-through-02042016/

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Market Commentary

INDEXES PLUNGE WITH NASDAQ CRASHING 3%

Fri pic

[Chart courtesy of MarketWatch.com]

1. Moving the Markets

The major indexes headed south right out of starting blocks with the jobs report confirming the old mantra that good news is bad news, which caused concerns on Wall Street that the Fed could be increasing its interest rate hike cycle this year producing a bearish outcome for equities.

To be clear, the jobs report was OK on the surface but, as has been the case as of late, most newly created jobs came in the minimum wage and part-time arena, hardly the stuff that solid recoveries are made of. Still, unemployment dropped to 4.9% mainly due to the slumping labor participation rate.

The big loser of the day and the week was the Nasdaq, which surrendered over 5% during the last five trading sessions. Big names have been heading south all week, but the mother of all losses was taken today by LinkedIn (LNKD), which got slaughtered at the tune of -44%.

Needless to say, all of our 10 ETFs in the Spotlight slipped as well with Consumer Discretionaries (XLY) getting crushed the most by surrendering -3.23%. To no surprise, the conservative Consumer Staples ETF (XLP) held up very well and gave back on -0.16%.

2. ETFs in the Spotlight

In case you missed the announcement and description of this section, you can read it here again.

It features 10 broadly diversified ETFs from my HighVolume list as posted every Monday. Furthermore, they are screened for the lowest MaxDD% number meaning they have been showing better resistance to temporary sell offs than all others over the past year.

Here are the 10 candidates:

MaxDD

The above table simply demonstrates the magnitude with which some of the ETFs are fluctuating in regards to their positions above or below their respective individual trend lines (%M/A). A break below, represented by a negative number, shows weakness, while a break above, represented by a positive percentage, shows strength.

For hundreds of ETF/Mutual fund choices, be sure to reference Thursday’s StatSheet.

Year to date, here’s how the above candidates have fared so far:

YTD

Again, the first table above shows the position of the various ETFs in relation to their respective long term trend lines (%M/A), while the second one tracks their trailing sell stops in the “Off High” column. The “Action” column will signal a “Sell” once the -7.5% point has been taken out in the “Off High” column.

3. Trend Tracking Indexes (TTIs)

Our Domestic Trend Tracking Index (TTI) headed south and deeper into bear market territory confirming that being on the safety of the sidelines is the best place to be in this current environment.

Here’s how we ended this week:

Domestic TTI: -3.24% (last Friday -2.03%)—Sell signal effective 11/13/2015

International TTI: -10.63% (last Friday -8.86%)—Sell signal effective 8/21/2015

Have a great weekend.

Ulli…

Disclosure: I am obliged to inform you that I, as well as advisory clients of mine, own some of these listed ETFs. Furthermore, they do not represent a specific investment recommendation for you, they merely show which ETFs from the universe I track are falling within the guidelines specified.

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READER Q & A FOR THE WEEK

All Reader Q & A’s are listed at our web site!
Check it out at:

http://www.theetfbully.com/questions-answers/

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WOULD YOU LIKE TO HAVE YOUR INVESTMENTS PROFESSIONALLY MANAGED?

Do you have the time to follow our investment plans yourself? If you are a busy professional who would like to have his portfolio managed using our methodology, please contact me directly or get more details at:

http://www.theetfbully.com/personal-investment-management/

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Back issues of the ETF/No Load Fund Tracker are available on the web at:

http://www.theetfbully.com/newsletter-archives/

About Ulli Niemann

Ulli Niemann is the publisher of "The ETF Bully" and is a Registered Investment Advisor. Learn more
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